Marqeta (Marqeta) Cash-to-Debt : 73.83 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Marqeta Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Marqeta's cash to debt ratio for the quarter that ended in Dec. 2023 was 73.83.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Marqeta could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Marqeta's Cash-to-Debt or its related term are showing as below:

MQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.88 Med: 73.83 Max: 130.73
Current: 73.83

During the past 5 years, Marqeta's highest Cash to Debt Ratio was 130.73. The lowest was 7.88. And the median was 73.83.

MQ's Cash-to-Debt is ranked better than
83.82% of 2787 companies
in the Software industry
Industry Median: 2.45 vs MQ: 73.83

Marqeta Cash-to-Debt Historical Data

The historical data trend for Marqeta's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Marqeta Cash-to-Debt Chart

Marqeta Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

7.88

20.33

110.83

130.73

73.83

Marqeta Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial												130.73	125.59	128.18	70.28	73.83

Competitive Comparison of Marqeta's Cash-to-Debt

For the Software - Infrastructure subindustry, Marqeta's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Marqeta's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Marqeta's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Marqeta's Cash-to-Debt falls into.

Marqeta Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Marqeta's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1249.696	/	(11.8	+	5.126)
	=	73.83

Marqeta's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1249.696	/	(11.8	+	5.126)
	=	73.83

Marqeta (NAS:MQ) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Marqeta Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Marqeta's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Marqeta (Marqeta) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marqeta Inc (NAS:MQ) » Definitions » Cash-to-Debt

Comparable Companies

RPD FOUR DAVA APPN PAGS STNE ACIW FLYW EVTC PAYO MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

MQ:Mexico 8QJ:Germany

Address

180 Grand Avenue, 6th Floor, Oakland, CA, USA, 94612

Website

https://www.marqeta.com

Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.

Executives

Randall F. Kern	officer: Chief Technology Officer	C/O MARQETA, INC., 180 GRAND AVE., FLR 6, OAKLAND CA 94612
Godfrey Sullivan	director	SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Judson C Linville	director	200 VESEY STREET, NEW YORK NY 10285
Martha Cummings	director	C/O MARQETA, INC., 180 GRAND AVE., FLR 6, OAKLAND CA 94612
Najuma Atkinson	director	C/O HASBRO, INC., 1011 NEWPORT AVE, PAWTUCKET RI 02861
Crystal Sumner	officer: See Remarks	415 KEARNY STREET, SAN FRANCISCO CA 94108
Todd Pollak	officer: Chief Revenue Officer	180 GRAND AVENUE, 6TH FLOOR, OAKLAND CA 94612
Simon Khalaf	director, officer: Chief Executive Officer	180 GRAND AVENUE, 6TH FLOOR, OAKLAND CA 94612
Srikiran Prasad	director	180 GRAND AVENUE, 6TH FLOOR, OAKLAND CA 94612
Seth R Weissman	officer: See Remarks	3055 CLEARVIEW WAY, SAN MATEO CA 94402
Michael Milotich	officer: Chief Financial Officer	180 GRAND AVENUE, 6TH FLOOR, OAKLAND CA 94612
83north Ii Limited Partnership	10 percent owner	10 ABBA EBAN BOULEVARD, BUILDING C, 9TH FLOOR, HERZLIYA PITUACH L3 46733
Iconiq Strategic Partners Iii, L.p.	10 percent owner	394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO CA 94111
Vidya Peters	officer: Chief Marketing Officer	C/O MARQETA, INC., 180 GRAND AVE., FLR 6, OAKLAND CA 94612
Amy Chang	director	2100 SEAPORT BLVD., C/O INFORMATICA CORPORATION, REDWOOD CITY CA 94063